Question: Match the value with the correct name it represents. Use the formula: 18668.38 = 200((1 + 0.03/12) 712 1) (0.03/12) 200 a. the payment 0.03

Match the value with the correct name it represents. Use the formula:

18668.38 =

200((1 + 0.03/12)712 1)
(0.03/12)

200 a. the payment
0.03 b. the number of years of the investment
12 c. the future value
7 d. the annual interest rate
18668.38 e. the number of compoundings per year

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Match the value with the correct name it represents. Use the formula: 18668.38 = 200((1 + 0.03/12)712 1) (0.03/12) - 12 a. the number of years of the investment - 0.03 b. the annual interest rate - 7...

Q:

Match the value with the correct name it represents. Use the formula: 1 8 6 6 8 . 3 8 = 2 0 0 ( ( 1 + 0 . 0 3 / 1 2 ) 7 1 2 1 ) ( 0 . 0 3 / 1 2 ) 2 0 0 a . the payment 0 . 0 3 b . the future value 1...

Q:

Match the value with the correct name it represents Use the formula 18668 38 200 1 0 03 12 7 12 1 0 03 12 0 03 18668 38 200 12 7 a the number of years of the investment b the payment c the future...

Q:

Use EXCEL only please, also make a data analyst excel file thanks! EntertainmentTech Research Analyst - 50% You have been hired to work as a research analyst at Entertainment Tech. EntertainmentTech...

Q:

Using the Financial Management: Theory & Practice byEugene F. Brigham, Michael C. Ehrhardt 17th Edition| Copyright 2024 Answer the following: Textbook Assignments: Chapter 4 : Problems Part (not...

Q:

PowerPoint Assignment for BUS 401: Principles of Finance You have been asked by a manager in your organization to put together a training program explaining Net Present Value (NPV) and Future Value...

Q:

Hi. I need Chapter 11 part 1-4 Let me know. Thanks! (it wont letme add more than $8, but I will give $12+ tip) Personal Finance, Fifth Edition by Jeff Madura BUILDING YOUR OWN FINANCIAL PLAN WORKBOOK...

Q:

I need help with following questions from the homework. I have attached the chapters so please see the attached files to answer the following questions specifically. Ch 4 (p 176 of text or p 34 of...

Q:

troduction: In this tab assignment you will create a household budget for yourself using Microsoft Excel A budget is an estimate of expected revenues and expenses for a period of time Follow these...

Q:

Hello again, this is another class and I need your help again. I misunderstood the start date of the class so I'm a bit late for this first week so I'm sorry for having to ask you to finish some of...

Q:

Bath Iron Works (BIW) offered a job to Thomas Devine, contingent on Devines passing a drug test. The testing was conducted by NorDx, a subcontractor of Roche Biomedical Laboratories. When NorDx found...

Q:

A Group committee is conducting elections yo elect a Chairperson. There are Ten candidates vying for that seat. Write a program in C to accept and count the votes of 10 candidates and print the...

Q:

Work out the value of each expression. a 8m 5 when m = 2 b 3z + v when z = 8 and v = 20 c 2x + 3y when x = 4 and y = 5 d 20 3n when n = 9 e u/2 5 when u = 4 f p/5 + q/2 when p = 30 and q = 8

Q:

9. (15 points) A company is considering a new project that requires an investment of \$5 million. The project is expected to generate cash flows of $2 million in year 1,$3 million in year 2, and $4...

Q:

3-7 Why are disruptive technologies so difficult for even the companies that develop them?

Q:

3-6 It has been said that the advantage that leading- edge retailers such as Dell and Walmart have over their competition isnt technology; its their management. Do you agree? Why or why not?

Q:

3. Are there any disadvantages to mining customer data? Explain your answer. With the amount of data available to companies doubling every year, new sources of data, and innovations in data...